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Technology Stocks : (LVLT) - Level 3 Communications
LVLT 53.630.0%Nov 1 5:00 PM EST

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To: MangoBoy who wrote (316)3/12/1998 3:24:00 PM
From: Robert Dwyer  Read Replies (1) of 3873
 
I agree that the review on CNBC was less than overwhelming. I sensed a skeptical tone to it. I also think his numbers were off based on what I have read in the material I have. He claimed $2billion cash- all my material suggests $3 billion. He mentioned coal properties ....barely.....the positions in RCNC, etc. but nothing regarding the computer outsourcing biz.

That business itself seems to have some value to it. I linked to thier site and read the material and was favorably impressed with their roster of clients (AXP, MOT, etc.), the focus of their business (Year 2000 testing software package ++) . Seems they will be a catalyst in converting many customer systems to the new network...No?

Faber mentioned none of this and the fact that, according to their website, they have established revenues of $650 million in 1996. 1997 figures are not yet released according to Julie Stangl when I spoke to her last week.

I think the company is a little more than a barebones startup....at least I hope so.
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